Circle, the issuer of USDC, announced a new smart contract functionality that allows holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to transfer their shares to Circle for USDC. As reported by Circle, this smart contract provides BUIDL investors with a nearinstant, 24/7 offramp, leveraging the core benefits of tokenized assets: speed, transparency, and efficiency.

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~BlackRock Enables USDC Withdrawals For $BUIDL~
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